£248,286
This estimated value is based upon the latest sale price for the house of £200,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £200,000 | 5 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £200,000 results in an estimated price of approximately £248,286.
| 5 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £200,000 | £48,286 | £248,286 |
The Postcode Pricing Model uses changes in average sales price within the M20 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 42.225 % | £84,449 | £284,449 |
| 3 Month Average | 30.041 % | £60,081 | £260,081 |
| 6 Month Average | 9.152 % | £18,303 | £218,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £247,127 | £243,000 | 5 CUDDINGTON AVENUE |
| 17 Feb 2023 | £394,636 | £392,000 | 2 OAKHAM AVENUE |
| 24 Jun 2022 | £275,847 | £269,950 | 20 ALFORD AVENUE |
| 24 Jun 2022 | £265,679 | £260,000 | 1 ALFORD AVENUE |
| 3 Mar 2022 | £173,293 | £166,000 | 1 RUDHEATH AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Apr 2018. Using an estimated price of £248,286 means this house is valued at £3,310 per sq meter (£307 per sq foot).
The average size of a house on RUDHEATH AVENUE is 91 sq meters (982 sq feet).